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Search Results 0 to 12 of about 13 (some duplicates have been removed)
PBS
Dec 28, 2012 6:30pm PST
fiscal cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in europe, it was the last trading day of the year, and what a year it has been. our correspondent has kept an eye on the trading floor all year for us. he sent us this report from the floor of the frankfurt stock exchange. >> the year has ended a very successful 2012, also for the frankfurt exchange, which is why you see tables and chairs where there usually are not. there will be a celebration here shortly, and there is something to celebrate -- the dax performed to the tune of about 30%-plus this year, and many shares went up. only a few lag behind. the best shares almost doubled in value. when you look at the second tier, there were some that more than doubled in value. demand mostly responsible for that, according to -- the man most responsible for that according to everyone here is mario draghi. he promised the european central bank would do everything in its power to preserve the euro, and that really release energy and restored some confidence also for the bureau. in 20
CSPAN
Dec 30, 2012 7:00am EST
our schedule, the fiscal cliff count down today. i want to turn out to nancy cook of the national journal. she is here to give us -- give us all the latest. her latest story -- and the cook, thank you for joining us. guest: thank you for having me. we are at this late hour. all of these tax hikes and spending cuts are slated to take defect in the new year. congress and the white house had spent seven weeks of bickering over all these different elements of the this clip. as you know, there are many elements. many tax provisions, a lot of spending cuts, and at this point, any deal that is reached will not deal with a lot of these things. it is going to potentially make some tax cuts for below $250,000. it will potentially patch the alternative minimum tax. it will not deal with the payroll tax holiday. the most likely will not deal with the sequester. it may earn -- it may or not deal with tax breaks for businesses. for all these arguments and ongoing things about these tax and spending issues, in the end, we will get any compromise, if at all. host: we hear about the flurry of proposals that happened yesterday. any details that emerged from that that will tell us more about what we
CSPAN
Dec 31, 2012 7:00am EST
morning. then we will know if we're going over the fiscal cliff at midnight. host: edward-isaac dovere, thank you for being with us. guest: thank you. host: the senate action getting underway about 11:00 a.m. and we will have live coverage of what happens on each floor of the chamber as lawmakers will meet with reporters. this is from joseph ramirez. "the blame game continues" is the headline from "usa today." charles is joining us from texas. caller: good morning. thank you for taking my call. i think we are in trouble either way. president obama was known to be the most extravagant senator when he was in office and never had a job as far as i know of. it seems like he has a bottomless bank account. given money away like in new york and new jersey. $60 billion or $80 billion. don't they have insurance of the up there? host: thank you for the call. is this from bill king. this is bob, good morning. caller: happy new year. host: to you, too. caller: all the republican party has to do is to allow for what the voters voted on by putting obama back in office, which was the mandate that people earning
CSPAN
Dec 28, 2012 7:00am EST
years. does that affect the fiscal cliff? host: more than four years? caller: does that affect our physical cliff? host: that is a larger issue of taxes and spending cuts. caller: thank you. host: bob on the independent line from florida. caller: nobody should worry about the fiscal cliff. asey have everybody's ira's hostage. ira will have to buy ies.sur they are not worried about the budget. everybody that has an ira basically it will have nothing because interest rates will go up so high on the treasury bills in the coming decade. be heldy's ira will hostage. i took money and i put it into gold. i did not pay any taxes on it. possession is 9/10 of the law. let them come and find it. every politician should not take a paycheck. they do not deserve it. they have been bringing our country down. host: in look at what happened 1st.ing jan. uary host: that will happen in january 1 if congress fails to reach a compromise, even a short-term compromise. dan on the phone from massachusetts. caller: thank you for taking my call. i would like to know how many millionaires there are in this country versus the number of people who make $250,000 and less. i think that's where the arg
CSPAN
Jan 1, 2013 7:00am EST
daily news in new york has this front page -- back to these so-called fiscal cliff talks, and your take on it, rich in new jersey, an independent color -- caller -- caller: number one, thank you for taking a call from an independent. we are all americans. it troubles me that we have to get to this point before there is actually some kind of negotiation. i want our country to try and deal with the problems we have a rational basis to do what is best for everybody. republican or democrat, the way washington is one is out of control. these people cannot answer to anybody. i'm wondering why our politicians do not look at term limits, bringing other people in. i appreciate what a biden has done to be a moderator, but we have people in there who have been there -- i don't want to say centuries -- but too long. they live in a bubble away from what is normal people do in our daily life. i have to meet a payroll at my small-business, i have to put three or four children after a college education, and i do not get a day from any government program. i almost feel like our country is moving to a point where it is just special interests, outside lobbyists, and people are those in the ince
CSPAN
Dec 29, 2012 7:00am EST
the tax policy center. caller: thank you, good morning. mr. rosen berg, with the fiscal cliff blooming, do you believe the i.r.s. will be able to calibrate their system at this late of a date and would the debt ceiling debate blooming, could that delay federal refunds? thank you. guest: yes. the question about the i.r.s. is a good one and it is an important one. so it almost is certainly bound to complicate the filing season. i think already the i.r.s. has said that they are -- they have not released updated withholding tables for winner to. -- 2013. what that means is employers will use the withholding tables for federal income tax. but if a deal is made or no deal is made, that's going to have to change and at some point, employers will have to change their federal income tax withholding amount. i mentioned with the alternative minute 34u78 tax, that will -- minimum tax, that will complicate the season. i think the i.r.s. has said as many as 70 million tax filers could be subject to delays if the a.m.t. is not patched for 2012. host: antonio in nashville, tennessee. you're on the "washington journal." go ahead. caller: good morning, gentlemen. thank you. i'm going to say i'm going to guarantee you guys that there's no -- there's not going to be a fiscal cli
CSPAN
Dec 26, 2012 7:00am EST
in more discussions over the so-called fiscal cliff with the new year's deadline looming in several days. the senate is due back in session tomorrow. they have several items on their docket. they have defense spending and perhaps fiscal cliff matters. the house is due in tomorrow as well. we do not have their schedule. both bodies of congress in over the weekend as well. here are the numbers to call for open phones. republicans, 202-585-3881. democrats, 202-585-3880. independents, 202-585-3882. "the richmond times dispatch" -- host: a lot more to tell you about in the papers today, including this piece about john kerry, the man who the president has nominated to become secretary of state. now the outgoing massachusetts senator. they go on in this piece in "usa today" -- harder choices loom. syria being a more intractable problem than libya. a tougher stance with china through the a share rebalancing . is now the time to me sure a firmer line does not lead to another war. writer a lot that the lays out in his piece. grace from alabama, good morning. caller: good morning. i have a que
CSPAN
Dec 27, 2012 7:00am EST
are making it seem. host: have you looked into the fiscal cliff and how it may affect your business in january? caller: yes, and i don't mind paying my fair share. but you have to want to give the next person helping hand. host: all right, thank you so much for calling. you said that you rent out your place for a zumba class in the evening? caller: yes, in the evening when we are not sewing. we substitute and say let's do a class, the couple hours. the ladies bring friends and it increases business. and more people say i need this done or that done. it's a form of networking. but you have to put the endeavour into it to get something out of it. a lot of people just want to take and don't put anything in. you just have to want to put it in. host: guy is a business owner in hillsdale, new york. caller: i have a small music label. i discovered some news by kurt bayo. i cannot get a major label to put the music out, so i decided do it myself. host: have you looked at the fiscal cliff and how it may affect your plans for 2013? caller: of course. this is all about paying for the wars, to me. host: as a business owner, how is it going to affect you? caller: it is not going to affect me. these are taxes i should have been paying a long t
CSPAN
Dec 24, 2012 7:00am EST
, the headline on avoiding the so- called fiscal cliff. here is "the new york times" frontpage. the headline -- that is "the new york times" reporting. inside the paper, they say democratic leaders say they will move forward on legislation this week only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house continued the standout. i also note that mr. mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlement, and taxes altogether. that is really wh
CNBC
Dec 30, 2012 7:30pm EST
insights on stories as wide ranging as the presidential election, the fiscal cliff, jobs of the future, and even a few movie stars. we wanted to take a few minutes to highlight the best of 2012. this is the year that was, and thank you for sharing it with me. >> i wish the people had more rational conversation to collaborate to how we can make the country grow faster, create jobs and create opportunity. >> america's always thinking it's in decline. the decline is by people left, right, and center. it's almost like a publishing craze. not quite "50 shades of gray" or sexy, but, still -- >> the biggest priority for the united states right now is getting recovery going at a rate that is rapid enough to produce sustained reductions in unemployment. >> under current law, on january 1st, 2013, it's going to be a massive fiscal cliff of large spending cuts and tax increases. >> find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now. >> does that mean extending the tax cuts? >> the real issue is not whether they should be extended for another few months. the real issue is whether the price the republican house will put on that extension is the permanent extension of the tax cuts
Search Results 0 to 12 of about 13 (some duplicates have been removed)